Celanese 8-K: Officer Compensation & Board Changes

Ticker: CE · Form: 8-K · Filed: 2024-02-28T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-compensation, debt

TL;DR

**Celanese just filed an 8-K about executive compensation and board changes, keep an eye on leadership shifts!**

AI Summary

Celanese Corp filed an 8-K on February 28, 2024, reporting on events that occurred on February 27, 2024. The filing primarily addresses changes in compensatory arrangements for certain officers and the departure or election of directors or officers. It also mentions various senior unsecured notes due between 2025 and 2029, denominated in EUR.

Why It Matters

This filing indicates potential shifts in executive leadership and compensation structures at Celanese, which can influence company strategy and investor confidence.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of corporate governance and compensation matters, not indicating immediate financial distress or major operational changes.

Key Players & Entities

FAQ

What was the primary reporting date for the events in this 8-K filing?

The conformed period of report for the events in this 8-K filing was February 27, 2024.

What specific items were reported under Item 5.02 in this 8-K?

Item 5.02 covered 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.

What types of financial instruments were mentioned in the filing?

The filing mentioned 'EUR Senior Unsecured Notes' with due dates in 2025, 2026, 2027, 2028, and 2029, as well as 'Common Stock'.

When was this 8-K form filed with the SEC?

This 8-K form was filed with the SEC on February 28, 2024.

What is Celanese Corp's Central Index Key (CIK)?

Celanese Corp's Central Index Key (CIK) is 0001306830.

From the Filing

0001306830-24-000031.txt : 20240228 0001306830-24-000031.hdr.sgml : 20240228 20240228165319 ACCESSION NUMBER: 0001306830-24-000031 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20240227 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Celanese Corp CENTRAL INDEX KEY: 0001306830 STANDARD INDUSTRIAL CLASSIFICATION: PLASTIC MATERIAL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS) [2820] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 980420726 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32410 FILM NUMBER: 24696433 BUSINESS ADDRESS: STREET 1: 222 W. LAS COLINAS BLVD., SUITE 900N CITY: IRVING STATE: TX ZIP: 75039-5421 BUSINESS PHONE: 972-443-4000 MAIL ADDRESS: STREET 1: 222 W. LAS COLINAS BLVD., SUITE 900N CITY: IRVING STATE: TX ZIP: 75039-5421 FORMER COMPANY: FORMER CONFORMED NAME: Celanese CORP DATE OF NAME CHANGE: 20041102 FORMER COMPANY: FORMER CONFORMED NAME: Blackstone Crystal Holdings Capital Partners (Cayman) IV Ltd. DATE OF NAME CHANGE: 20041022 8-K 1 ce-20240227.htm 8-K ce-20240227 0001306830 false 0001306830 2024-02-27 2024-02-27 0001306830 us-gaap:CommonStockMember 2024-02-27 2024-02-27 0001306830 ce:EURSeniorUnsecuredNotesDue2025Member 2024-02-27 2024-02-27 0001306830 ce:EURSeniorUnsecuredNotesDue2026Member 2024-02-27 2024-02-27 0001306830 ce:EURSeniorUnsecuredNotesDue2027Member 2024-02-27 2024-02-27 0001306830 ce:EURSeniorUnsecuredNotesDue2028Member 2024-02-27 2024-02-27 0001306830 ce:EURSeniorUnsecuredNotesDue2029Member 2024-02-27 2024-02-27 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 28, 2024 ( February 27, 2024 ) CELANESE CORPORATION (Exact name of registrant as specified in its charter) Delaware 001-32410 98-0420726       (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 222 West Las Colinas Blvd. Suite 900N , Irving , TX 75039 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: ( 972 )  443-4000 N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s)  Name of Each Exchange on Which Registered Common Stock, par value $0.0001 per share CE The New York Stock Exchange 1.250% Senior Notes due 2025 CE /25 The New York Stock Exchange 4.777% Senior Notes due 2026 CE /26A The New York Stock Exchange 2.125% Senior Notes due 2027 CE /27 The New York Stock Exchange 0.625% Senior Notes due 2028 CE /28 The New York Stock Exchange 5.337% Senior Notes due 2029 CE /29A The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Sec

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